1230 Mountain Lake DrMissouri CityTX77459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Missouri City at 1230 Mountain Lake Dr, Missouri City, TX, 77459 listed at $330,000 pairs $2,657/mo rent with a $1,615/mo payment to leave $311/mo cash flow. Total monthly income runs $2,657/mo, and annual cash flow reaches $3,726/yr on $109,395 cash to close. Return on cash invested measures 23.31% in year one, and rental yield registers 9.66% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 122.33% and total cumulative return in cash totals $133,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,657/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
6,516 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77459, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,944 (100%) |
| Owner Occupied HU | 26,467 (80.3%) |
| Renter Occupied HU | 5,147 (15.6%) |
| Vacant Housing Units | 1,330 ( 4.0%) |
| Median Home Value | $397,528 |
| Average Home Value | $448,031 |
Housing Distribution
Address Breakdown
Residential
31,456
Single Family
29,313
Multi-Family
2,143
Businesses
1,689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger Alvarez • RE/MAX Fine Properties
Mls Name: HAR
Mls ID: #98936154